PGI Global Review – Another Generic Ponzi Scheme!

PGI Global is a MLM or multi-level marketing company that operates in the cryptocurrency investment niche. 

PGI stands for Praetorian Group International and is headed by someone named Ramil Ventura Palafox, better known as RV Palafox. 

A press release cited Palafox as the President of AI Trade. This was a Ponzi scheme promoted by Mark Davis, who’s currently listed as PGI Global’s vice president and COO. 

RV Palafox has been involved in numerous Ponzis prior to PGI Global, such as BitClub Network, AirBit Club, USI Tech, and more. We’ve reviewed these programs as well. 

Palafox is believed to be operating from the Philippines while Davis operates out of Australia. This probably explains why their Facebook page shows the group being managed from the Philippines and Australia.

PGI Global Product Line

PGI Global offers no retail products or services. Members can only take part in the income opportunity by investing and recruiting people. 

Does The Product Work?

PGI Global claims that they generate revenue through trading and selling crypto ATM machines, which was the same MO that AI Trades used. 

Similar to AI Trades, PGI Global does not provide any evidence that they actually do any of these to generate income. There’s no evidence as well that returns are paid out to their members. 

PGI Global fails the basic Ponzi logic test as well. In their marketing video, Palafox says he wants to help you finish your agreement right away by giving you more ROI than advertised. So if he promised you 1% ROI, he can give you as much as 3% per day. 

PGI Global claims to generate external revenue via trading and selling crypto ATM machines.

These were the same ruses trotted out to promote AI Trades.

Like AI Trade, PGI Global provides no evidence of external revenue generation. Nor is there any evidence of PGI Global using external revenue to pay returns.

Furthermore PGI Global’s business model fails the Ponzi logic test.

If PGI Global can generate 3% daily ROI, why do they even need your investments in the first place? They can easily make more than taking in investments from other people by just cycling their profits. 

As it stands, the only proof of income they have is through new member investments. Investments are solicited through recruitment, which is a big red flag in the eyes of the FTC and other regulatory agencies.

There’s only one way to make money with PGI Global and that’s through new member recruitment. Recruitment is used to generate investments from members, and the investments are used to pay off members in the upper tier. 

How To Get Started with PGI Global? 

PGI Global membership is tied to an investment package: 

• Sapphire – $100 to $500
• Ruby – $1000 to $10,000
• Emerald – $20,000 to $100,000
• Diamond – $500,000 or more

There is an annual fee of $19, and all payments are made in Bitcoin.

PGI Global Compensation Plan

PGI Global members invest bitcoin on the promise of an advertised 200% ROI.

• Sapphire – invest $100 to $500
• Ruby – invest $1000 to $10,000
• Emerald – invest $20,000 to $100,000
• Diamond – invest $500,000 or more

Once you reach a 200% ROI on your active investment, you need to reinvest funds to continue earning in the program. 

There’s a cap on weekly withdrawals for returns and commissions at 50% of the single largest investment made by the member. There’s also an 8% withdrawal fee.

Referral Commissions

PGI Global pays out referral commissions based on the funds invested by the members. Your investment package will determine how much you earn:

• Sapphire tier members earn 6%
• Ruby tier members earn 8%
• Emerald tier members earn 10%
• Diamond tier members earn 12%

Residual Commissions

PGI Global pays out through a binary compensation structure. Your first level contains two positions and are named your left and right legs. 

Once these positions are filled, two positions fill out under these legs, giving you four new ones. 

Once these positions fill up, two more will fill up under them and this goes on infinitely in theory. 

Investment volume is tallied on both sides of the binary team and members are paid a percentage of funds on the weaker binary team:

• Sapphire to Emerald tier members are paid 8%
• Diamond tier members are paid 10%

In order to qualify for these commissions, you need to recruit at least two people and place them in your legs. 

Boost Up

PGI Global’s Boost Up Bonus allows a member to increase their referral and residual commission rates.

To qualify for the bonus, you need to recruit at least two investors within 30 days. If you qualify, you enjoy the following commission rates:

• Sapphire tier members earn 8% referral commissions and 10% residual commissions
• Ruby tier members earn 10% referral and residual commissions
• Emerald tier members earn 12% referral commissions and 10% residual commissions
• Diamond tier members earn 15% referral commissions and 12% residual commissions

No one. This is a Ponzi scheme!

#1 Ponzi Scheme!

PGI Global is a Ponzi scheme. No more sugar coating. The income opportunity is reliant on recruitment, which is how ROI’s are generated by the company. 

There’s no proof that they are generating income through any legitimate forms of trading or investment. 

#2 Collapsed!

PGI Global collapsed sometime in June or July 2021. Their website was shut down not long after. However, we are inclined to believe that this won’t be the last time we’ll see PGI Global. 

We also have reason to believe that PGI Global was a reboot of the other Ponzis that Palavox and Davis spearheaded.

There’s nothing to like about PGI Global. 

As stated above, there’s no proof here that PGI Global is a legitimate program. It’s a Ponzi scheme with all the red flags of one. It doesn’t help at all that the program was run by two Ponzi schemers. 

There’s no proof anywhere that they’re making money through investing or trading, so that’s a big red flag in itself. 

Don’t trust this program or any of its future iterations.

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